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KRA to Collect Sh3 trillion Next Financial year- CS Ndung’u Tells MPs

Kenya Revenue Authority is projected to collect Sh3 trillion in the next financial year (2023-2024), National Treasury Cabinet Secretary Njuguna Ndung’u told MPs on Tuesday.

He said KRA will improve tax compliance through a reduction of the VAT gap from 39.9 per cent to 19.8 per cent and a reduction of the Corporate Income Tax gap from 32.2 per cent to 30.0 per cent.

Source: www.msn.com

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